Friday, September 9, 2011

How many banks have gone bankrupt since the current credit crisis began?

Starting from late 2007, early 2008, how many major banks have declared bankruptcy, been bought out, etc. ?|||http://www.fdic.gov/bank/individual/fail鈥?/a>|||So far in 2009, 34 banks have been taken over by FDIC as of a week or two ago. I'd have to check to see what was taken over over the weekend (they like to go in Fridays %26amp; close, whenever possible). This year's total already exceeds the 2008 total.





The "troubled bank" list is still growing by leaps %26amp; bounds. Last I checked (a couple weeks ago), it had jumped from 170-something (around February) to over 300 by end-April.

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